Authorization Legal Framework Procedures 
The Payments Association
FEBRUARY 10, 2025
Businesses must proactively assess fraud risks, implement adequate procedures, leverage technology for fraud detection, and foster a culture of compliance to avoid regulatory penalties. This legislation represents a significant shift in corporate accountability, aiming to strengthen the UKs legal framework against financial crime.
The Payments Association
DECEMBER 2, 2024
For instance, some platforms delisted certain stablecoins that did not comply with the new regulations, ensuring adherence to the EU’s legal framework. The Duty, which was introduced by the Financial Conduct Authority (FCA), was brought in to enhance consumer protection within financial services.
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Open Banking Excellence
JULY 8, 2025
However, in mid-2025, the CFPB moved to vacate its own final rule, stating it exceeded its statutory authority. State regulators often have different priorities and legal frameworks, which can create inconsistencies and hurdles for companies attempting to offer open banking services across the entire country.
Fintech Finance
JULY 1, 2024
As the issuer of and payment infrastructure provider for a digital euro, the ECB will be supervised by independent data protection authorities that will monitor its compliance with the European Union Data Protection Regulation (EUDPR) and the General Data Protection Regulation (GDPR). The digital euro is a common European endeavour.
Neopay
JULY 18, 2024
The European Banking Authority (EBA) issued new Guidelines on the so-called ‘travel rule’, i.e. the information that should accompany transfers of funds and certain crypto assets. This rule will help tackle the abuse of such transfers for money laundering and terrorist financing purposes.
Neopay
NOVEMBER 27, 2023
The European Banking Authority (EBA) has launched a public consultation on new Guidelines on preventing the abuse of funds and certain crypto-assets transfers for money laundering and terrorist financing purposes.
Finextra
JULY 2, 2025
How will the new EU Anti-Money Laundering Authority (AMLA) intensify the fight against money laundering – and what part will AI play? How the EU is reshaping its legal framework The European Union has begun a fundamental overhaul of its legal framework to combat money laundering and terrorist financing.
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